[M. Espinola]

The same people saying the housing boom will continue even if oil prices hit $100 ignore reports of the beginning of the slow down on a world-wide basis.

When oil was $30 the same types would state it will never hit $50. Where are they now? These people were also those which never traded a drop of oil in their life, yet they were experts on international energy trending & supply.

Danger signals still dog (UK) housing market.

Bubble Talk: Why Consumers Fear Collapse

Is the US housing bubble close to collapse?

[georgia2006]

UK housing has been in trouble for over one year. Ditto Australia...BTW neither countries are in a recession.